ADA/USDT – 1H – SELL

The combination Cardano/Tether (ADA/USDT) moves from the descending trendline downwards

A continuation of the downtrend down to the next support level at 0.2737 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.3319 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.3319 – 0.3647 – 0.3636 – 0.3161 – 0.318 – 0.3546 —
0.312800000 – 0.300600000 —
26.861247874008 – 16.173009576066 —
– —
0.33190 – 1769799600

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –